Examples of IPO Effective Time in a sentence
A “Class B Holder” shall mean a holder of shares of Class B Common Stock immediately following the IPO Effective Time.
Except as expressly provided in this Agreement, nothing in this Agreement shall preclude Xxxx or any other Xxxx Entity, at any time after the IPO Effective Time, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any Xxxx Benefit Plan, any benefit under any Benefit Plan or any trust, insurance policy or funding vehicle related to any Xxxx Benefit Plan.
Parent shall retain all Liabilities with respect to any bonus awards payable under the Parent Incentive Plans to Parent Employees for the year in which the IPO Effective Time occurs and thereafter.
Prior to the IPO Effective Time, Parent shall cause Xxxx to adopt the Xxxx Xxxx-Term Incentive Plan and Xxxx ESPP.
Until the IPO Effective Time, all participant information shall be provided in the manner and medium applicable to Participating Companies in Parent Benefit Plans generally, and thereafter through the Plan Milestone Date, all participant information shall be provided in a manner and medium as may be mutually agreed to by Parent and Xxxx.